316 SW Coast Hwy , Newport, OR 97365
- $514,990
- $524,900
Overview
- 8344 Sqft
- 1962
- Commercial, Commercial Sale
- 106917442
- 0.11 Acres
- Coldwell Banker Professional
- Lucinda Hage
Description
Great two-story commercial building in the heart of Newport with excellent visibility off Hwy 101 and yearly GROSS INCOME OF $42,000. This large building features 3 separate bottom floor units which are currently being operated as a Mexican Store, meat market & retail store. The second story features 4 rentable business spaces with 2 currently being utilized as a yoga studio and a meeting room. There’s a huge opportunity to increase total income by renting out several other spaces that aren’t being utilized and with C-1 zoning, it allows for a wide range of usages. This centrally located building is close to the hospital, the Bayfront, restaurants, shopping, the ocean and much more! Buyers to perform all due diligence and verify all planned usages with the City. DO NOT DISTURB THE TENANTS.
Details
Updated on February 18, 2026 at 11:31 pm-
MLS# 106917442
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Price $514,990
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Property Size 8344 Sqft
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Land Area 0.11 Acres
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Garage Size x x
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Year Built 1962
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Property Type Commercial, Commercial Sale
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Property Status Active
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Office Name Coldwell Banker Professional
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Agent Name Lucinda Hage
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Office Phone 503-538-0468
Additional details
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Listing Terms Cash, Conventional
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Roof Flat, Membrane
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Sewer Public Sewer
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Heating Wall Furnace, Zoned
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County Lincoln
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Property Type Commercial Sale
Walkscore
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Contact Information
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